Metaplanet Targets 85–90% of Total Assets in Bitcoin (BTC) Under Revised Capital Allocation Policy
Key Takeaways
- •Metaplanet has adopted a formal capital allocation policy targeting 85–90% of its total assets in Bitcoin, disclosed on October 5, 2026.
- •The policy reserves a 10–15% window of total assets for strategic investments outside the core Bitcoin treasury.
- •Expressing targets as percentages of total assets rather than fixed sums means the allocation automatically scales with the size of the company's balance sheet.
- •Metaplanet, originally a budget hotel operator, began its Bitcoin treasury pivot in April 2024, explicitly following the model of Strategy (formerly MicroStrategy).
- •The company has financed its Bitcoin purchases through share issuances and bond offerings and ranks among Asia's most prominent publicly listed corporate Bitcoin holders.
Metaplanet has rewritten its capital allocation policy to direct 85 to 90 percent of its total assets into Bitcoin (BTC), leaving a 10 to 15 percent window for strategic investments.
The Tokyo-listed company disclosed the revised framework on October 5, 2026, and it is the firm's clearest statement yet of a Bitcoin-first approach to managing its balance sheet, as reported by COINOTAG.
A defined Bitcoin target range
Under the revised policy, an explicit target range of 85–90% of total assets is to be held in Bitcoin. The remaining 10–15% is reserved for strategic investments, establishing a defined band for capital deployed outside the core Bitcoin treasury and formalizing the centrality of BTC to the company's balance sheet management.
Expressing the targets as percentages of total assets rather than fixed amounts means the allocation scales with the size of the balance sheet, and the published ranges serve as a reference point for how the company's assets are divided between its Bitcoin treasury and any strategic deployments.
Company background
Metaplanet is listed on the Tokyo Stock Exchange under securities code 3350. Originally a budget hotel operator, the company began pivoting to a Bitcoin treasury strategy in April 2024, explicitly modeling its approach on Strategy (formerly MicroStrategy), the US-based firm that pioneered large-scale corporate Bitcoin accumulation. Led by CEO Simon Gerovich, Metaplanet has funded its Bitcoin purchases through financing measures including share issuances and bond offerings, and has become one of the most prominent publicly listed corporate Bitcoin holders in Asia.
The October 5 disclosure sets explicit numerical targets around that strategy, specifying the share of total assets the company intends to hold in BTC and the range available for other strategic investments. In doing so, it moves the company's Bitcoin-first approach from an evolving treasury practice into a formal, published allocation rule. Because Metaplanet reports as a Tokyo Stock Exchange issuer, progress toward the stated range — and how the 10–15% strategic investment window is used — can be followed through the company's subsequent financial disclosures.
This article was first published on COOTAG: https://en.coinotag.com/metaplanet-85-90-bitcoin-btc-capital-allocation-policy
